The Best Mortgage Rates in
Ontario

Ready to find your best mortgage rate?

To get started, tell us a bit about your location and borrowing needs - and we'll do the rest! Your personalized results will include the best rates from lenders and mortgage brokers, right in your region. Simply pick a product you like, and we'll put you in touch for more info by email, website or phone - no obligation or purchase required.

What is a mortgage broker - and why would I work with one instead of a bank?

Think of a mortgage broker as your personal mortgage shopper - they've got access to a number of rates offered by multiple lenders, and do the legwork to connect you with your best match. Brokers work with your unique financial institution, and will help negotiate the best rate on your behalf - best of all, their services are absolutely free!

The Lowest Rate We've Got

Variable rates are generally lower than fixed rates, and long term variable rates are generally lower than short term. Therefore our best five year variable fixed rate is most likely the lowest rate on the market.

But There's a Catch ...

When you agree to a closed mortgage you must abide by the conditions of the mortgage or pay a penalty for breaking it. And unlike fixed rates, variable rates may change depending on market fluctuations. You may end up saving even more than you expected, or paying much more than you intended. A lot can change in five years.

Find the Lowest Rate, Period

If you want the absolute lowest rate, chances are you won't find it with a bank. That's why RateSupermarket also compares the rates of mortgage brokers, credit unions and specialty lenders.